Brainard expects Fed rate hikes but eyeing soft inflation

NEW YORK (Reuters) - A U.S. rate hike is probably coming soon though the Federal Reserve may want to delay if inflation remains soft, an influential Fed governor said on Tuesday, adding she also backs shrinking the bond portfolio "before too long."

NEW YORK (Reuters) - A U.S. rate hike is probably coming soon though the Federal Reserve may want to delay if inflation remains soft, an influential Fed governor said on Tuesday, adding she also backs shrinking the bond portfolio "before too long."